Nikos has the opportunity to start his own business doing what he loves. However, to do this, he would have to liquidate all of his resources, including selling his home and emptying out his savings. In the end, however, he decides that he has too much to lose and sticks with his day job, which is less fulfilling but offers a sure thing. Nikos is making his decision based on .a. temporal discounting
b. fear of success
c. learned helplessness
d. risk aversion

d. risk aversion

Explanation:

Nikos is making his decision based on risk aversion.

Risk aversion is the human behaviour to the situation, where he or she is exposed to the uncertain environment and human try hedge the uncertainity by choosing alternative, while choosing alternate he or she might avert risk of loss but at the same there is lost opportunity of higher return. This concept is mainly related to economics and finance industry.

People who like to do risk aversion are the one who prefer lower return at low or no risk, however, they could earn more return with unknown risk or higher risk factor.

well.. its gow babies are made

b, fewer problems later! good luck